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Singapore has fastest growing reserves in Asia

Watchman

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Singapore has fastest growing reserves in Asia

Foreign%20reserves-%20Asia.JPG



Singapore’s foreign reserves rose the highest
in Asia over the last 12 months, expressed as 31% of its GDP.

DBS Bank noted that between April 2009
and September 2010, foreign reserves in
ten countries in Asia soared by $1.2trn,
or some $2.3bn per day. On average,
it amounts to about 12% of GDP,
more than any time in history.
 
Singapore has fastest growing reserves in Asia

Foreign%20reserves-%20Asia.JPG



Singapore’s foreign reserves rose the highest
in Asia over the last 12 months, expressed as 31% of its GDP.

DBS Bank noted that between April 2009
and September 2010, foreign reserves in
ten countries in Asia soared by $1.2trn,
or some $2.3bn per day. On average,
it amounts to about 12% of GDP,
more than any time in history.

Does an increase in reserves equates to a stronger Sing dollar going forward?.
 
Does an increase in reserves equates to a stronger Sing dollar going forward?.

Cut the corporate doublespeak. It sounds really stupid.:rolleyes:

Unless you have a time machine, forward is the only way time flows.
 
Does an increase in reserves equates to a stronger Sing dollar going forward?.

No Our reserves is independent to the
current strength and future of our Singapore dollar .


I think our strength of our dollar can be tweaked now
and then to suit the global and environmental changes .
 
No Our reserves is independent to the
current strength and future of our Singapore dollar .


I think our strength of our dollar can be tweaked now
and then to suit the global and environmental changes .

If it is independent, wouldn't that mean going into debt might not affect the strength as well.

What would then be the basis of determining the S$, say relative to USD, Euro or even the Thai baht?. Just wondering.
 
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In Nov 2008 when Las Vegas Sands nearly went under, GIC pumped in 5 bln US$ to support the company at US$5 per share. Today its shares are trading at near US$50.
 
In Nov 2008 when Las Vegas Sands nearly went under, GIC pumped in 5 bln US$ to support the company at US$5 per share. Today its shares are trading at near US$50.

The SG govt recognised the symbiotic synergies and used enabling strategies to project long term positional advancement between the two entities going forward in time.
 
That means tonnes of overseas hot money is flowing into Sg. They flow into the share market, properties, bond market, and money market. Most overseas investors are betting the S$ to appreciate against the US$ and EUR. This would only mean higher property prices and higher price inflation ahead in Sg thanks to Bernanke's QE2!
 
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In Nov 2008 when Las Vegas Sands nearly went under, GIC pumped in 5 bln US$ to support the company at US$5 per share. Today its shares are trading at near US$50.
Ms Ho got gold in this,she is great in this one.

Not to forget what she lost.

The jury is still out there,I am not too impressed with her pumping into China banks.
 
That means tonnes of overseas hot money is flowing into Sg. They flow into the share market, properties, bond market, and money market. Most overseas investors are betting the S$ to appreciate against the US$ and EUR. This could only mean higher property prices and higher price inflation ahead in Sg thanks to Bernanke's QE2!
S$ HAS GONE UP 20% AGAINST USD IN SEVERL MONTHS,SINCE usd=s$146.00

DURING THAT SAID PERIOD,RMB MOVED 1%

I AM NOT TOO SURE HOW FAR IT CAN GO FURTHER.
 
actually, alot of it is just bullsh*t. if they claim that the country has been profiting, then the reserves in tandem should also increase. if the reserves remain stagnant, when they country is prospering, then i think there's a big smoking gun........

a lie cannot be complete without another lie to follow up
 
If it is independent, wouldn't that mean going into debt might not affect the strength as well.

What would then be the basis of determining the S$, say relative to USD, Euro or even the Thai baht?. Just wondering.

If USA can delay their payback for so long.
It makes you wonder why one even
work for $2.00 an hour breaking your back ?


It's like marriage . It's just a system to make it work .
If something goes wrong again and again .
You will try your best to correct it .
Besides it's a man made system .
And being a man means there is
always a fight for personal interests .

One got to think into intrinsic
 
S$ HAS GONE UP 20% AGAINST USD IN SEVERL MONTHS,SINCE usd=s$146.00

DURING THAT SAID PERIOD,RMB MOVED 1%

I AM NOT TOO SURE HOW FAR IT CAN GO FURTHER.

It all depends on how far further the MAS wants the S$ to appreciate against the US$.

Remember, there's no such thing as a 100% free market in the global financial market nowadays. All markets are being manipulated 24/7 by central banks, the Plunge Protection Team, and their too big to fail cronies like Goldman Sachs. That's why it's so difficult to predict the market using only technical analysis and fundamental analysis. Those with inside info like Goldman Sachs are making billions trading the market and their executives' bonuses run in the billions annually.
 
It all depends on how far further the MAS wants the S$ to appreciate against the US$.

Remember, there's no such thing as a 100% free market in the global financial market nowadays. All markets are being manipulated 24/7 by central banks, the Plunge Protection Team, and their too big to fail cronies like Goldman Sachs. That's why it's so difficult to predict the market using only technical analysis and fundamental analysis. Those with inside info like Goldman Sachs are making billions trading the market and their executives' bonuses run in the billions annually.

Perhaps most of us are in the wrong line. Should be working for GS instead.
 
Ms Ho got gold in this,she is great in this one.

Not to forget what she lost.

The jury is still out there,I am not too impressed with her pumping into China banks.

The jinx whore has got nothing to do with GIC's investment in LVS!
 
[COLOR="_______"]Such statistic is very scary. The more reserves we accumulated, the less Singaporeans will take home. With ERP, GST and other Pay-And-Pay sucking like vacuum cleaner, I am sure in no time, Singapore will be the riches in Asia but Singaporeans will be the poorest in the world More stakes for Ho Jinx to gamble away.[/COLOR].
 
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